Stonegate Mortgage Corporation
SGM
SGM was delisted on the 31st of May, 2017.
41 hedge funds and large institutions have $67.8M invested in Stonegate Mortgage Corporation in 2015 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 20 increasing their positions, 13 reducing their positions, and 7 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 13
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less funds holding
Funds holding: 46 → 41 (-5)
24% less capital invested
Capital invested by funds: $89.4M → $67.8M (-$21.6M)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFG
American Financial Group
Cincinnati,
Ohio
|
+$2.83M |
| 2 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$1.64M |
| 3 |
WCM
Waterstone Capital Management
St. Louis Park,
Minnesota
|
+$1.28M |
| 4 |
6CM
683 Capital Management
New York
|
+$449K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$264K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Osterweis Capital Management
San Francisco,
California
|
-$5.64M |
| 2 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$3.12M |
| 3 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$1.55M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$246K |
| 5 |
EBIM
Eagle Boston Investment Management
Boston,
Massachusetts
|
-$178K |
SGM Hedge Fund Activity: Q4 2015 in Review
41 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Stonegate Mortgage Corporation (SGM) for Q4 2015, worth a combined $67.8M — down 24% from $89.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SGM and 2 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 20 added.
The largest buyer was American Financial Group, adding an estimated $2.83M. The largest seller was Osterweis Capital Management, cutting an estimated $5.64M.
- 41 institutional investors held Stonegate Mortgage Corporation (SGM) as of Q4 2015, down from 46 in Q3 2015.
- Funds reported $67.8M of Stonegate Mortgage Corporation stock for Q4 2015, down 24% quarter-over-quarter.
- 2 funds opened new Stonegate Mortgage Corporation positions in Q4 2015 and 7 closed out, a net change of -5 holders.
- The largest Stonegate Mortgage Corporation buyer in Q4 2015 was American Financial Group, an estimated $2.83M added.
- The largest Stonegate Mortgage Corporation seller in Q4 2015 was Osterweis Capital Management, an estimated $5.64M sold.
Based on aggregated 13F filings for Q4 2015.